A) It’s really the hyper-rich top 1% who are vastly overrepresented, if you look at the top 20% or something the effect isn’t there, which is interesting.
B) Some see the removal of standardized tests as a way to encourage diversity, but Nate Silver pointed out that the hyper-rich have the same test scores as other applicants but do much better on recommendations and extracurricular activities etc, so if you want to prevent rich people from being overrepresented one solution is relying MORE on standardized tests.
Two interesting takes I’ve seen on this is that
A) It’s really the hyper-rich top 1% who are vastly overrepresented, if you look at the top 20% or something the effect isn’t there, which is interesting.
B) Some see the removal of standardized tests as a way to encourage diversity, but Nate Silver pointed out that the hyper-rich have the same test scores as other applicants but do much better on recommendations and extracurricular activities etc, so if you want to prevent rich people from being overrepresented one solution is relying MORE on standardized tests.